What Does Branch Profits Tax Mean?

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What does Branch Profits Tax mean? Read on to discover the definition & meaning of the term Branch Profits Tax - to help you better understand the language used in insurance policies.

Branch Profits Tax

Branch Profits Tax

An additional tax of about 30 percent payable on dividend remittance by offshore captives that are found to be engaged in trade or business in the United States.

We hope the you have a better understanding of the meaning of Branch Profits Tax.

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